Manuel Gonzalez heads the practice at Martinez Vergara & Gonzalez Sociedad, which has particular strength in equity capital markets. The team has handled a wide spectrum of securities-related issues ranging from IPOs, follow-on and rights offers, to tender offers and the delisting of companies. It is also well placed to advise on reverse takeovers of publicly listed firms, and on the issue of global depositary receipts. In addition, the group is highly regarded for its expertise in debt capital markets, where it acts as counsel to domestic financial institutions and issuers on the issue of corporate notes, bonds and other debt instruments. Another core area of focus for the practice is advising on real estate investment trusts (REITs). Gwyneth Ong is highly sought after for her advice on the various commercial and regulatory requirements of the Securities and Exchange Commission, the Philippine Stock Exchange and the Philippine Economic Zone Authorities. Janice Co and Mark Vergara are further notable key members of the team.

Quisumbing Torres represents issuers, investment banks, and selling shareholders in a broad range of equity and debt transactions (on a public or private placement basis) and is skilled at handling matters such as debt issuances and programmes. Multi-jurisdictional acquisitions and divestitures involving public companies are another key area of strength for the practice. Under the joint leadership of Maria Christina Macasaet-Acaban and Alain Charles Veloso, the team regularly advises on securities registration and exemption from securities registration requirements, stock exchange compliance, corporate governance, and other issues relating to securities business licensing. Ramon Miguel Bacani and Dennis Quintero are also notable members of the team, with the latter having particular expertise in fintech matters.

Philbert Varona spearheads the practice at SyCip Salazar Hernandez & Gatmaitan, which is praised for its skill at handling a broad range of complicated deals. The team often acts for international and domestic banks and other financial institutions, as well as for the issuers of securities, and has been involved in some key capital market transactions that span various sectors such as food, beverage and real estate. In addition, the team receives a steady stream of instructions from some major international law firms. Other recommended partners include Mark Xavier Oyales, Joan Mae To-Conejos as well as Vicente Gerochi IV.

Villaraza & Angangco (V&A Law) advises on cross-border agreements for the financing of energy, telecoms and infrastructure projects, in addition to providing transactional advice on raising capital through debt, equity and other forms of securities. The team is collectively led by Raoul Angangco, Sylvette Tankiang and Franchette Acosta.

Gorriceta Africa Cauton & Saavedra fields a team which continues to be busy advising on various securities transactions, while frequently acting on IPOs, follow-on and top-up offerings, as well as private placements. In addition, the firm is well-equipped to advise on tender offers and other matters such as the reverse take-overs of publicly listed companies. Managing partner Mark Gorriceta is a prominent member of the department, alongside Kristine Torres and Micaela Galvez.

With Virginia Viray, Rachelle Diaz, Shirley Velasquez-Viray and Elaine Marie Laceda at the helm at Puyat Jacinto & Santos Law Offices, the group is adept at working on a wide range of capital markets matters.

Elmer Serrano heads the offering at Serrano Law, which has considerable experience in securities law and capital markets. Phil Ivan Chan is skilled at advising on matters such as bond issuances, IPOs and secondary offering filings, while the team also frequently deals with the Philippine Stock Exchange (PSE) and the Securities and Exchange Commission (SEC) on a broad array of complex matters. The group has been involved in some notable deals relating to equity issuances and public offerings in recent years.